Financial markets

Third International OECD Conference on Private Pensions

Brazil, Rio de Janeiro, 3-4 May 2004

The Third International OECD Conference on Private Pensions in Brazil was held in Rio de Janeiro, Brazil on the 3rd and 4th of May at the Hotel Intercontinental. This seminar was jointly organised by the OECD and the Brazilian Ministries of Finance and of Pensions under the aegis of the OECD programme of the Centre for Co-operation with Non-Members. The event was co-sponsored by the government of Japan and by the National Association of Private Pension (ANAPP) of Brazil.

This conference represented the continuation of the high level policy dialogue promoted by the OECD and Brazilian authorities. The previous meetings on private pensions organised in Rio de Janeiro (March 2001) and São Paulo (May 2002) were oriented to strengthen the private pension system in that country through an efficient regulatory and supervisory system, as well as through the promotion of competition in the pensions market. Major regulatory and supervisory issues related to Brazilian private pension system and specific policy issues such as tax treatment, investment regulation, pension funds governance, solvency protection, vesting rights and portability have been thoroughly examined.

This third conference focused on personal pension plans and their interaction with insurance and financial markets. The main topics were the institutional structure of the supervisory agencies and the design of policies to promote consumer protection, reduce costs and increase transparency and competition in the private pension market. The target audience were high-level authorities of supervisory agencies, private sector representatives, experts of international organisations and academics from Latin American and OECD countries.

For further information and to download presentations from the conference, visit the ANAPP website at www.anapp.com.br.